Summary - 18, EAST LODGE PARK, PORTSMOUTH PO6 1AG
2 bed 1 bath Apartment
Cash-purchase investment with garage and refurbishment potential.
Two bedrooms with front and rear balconies
A first-floor two-bedroom apartment offering clear scope for refurbishment and rental income in a quiet Portsmouth suburb. The flat comes with two balconies, a garage, and communal grounds, making it a practical buy for a hands-on investor or cash buyer looking to add value.
The property requires full modernisation: dated kitchen and bathroom, worn decor, and electric storage heating. The lease has about 73 years remaining and lenders may refuse mortgages on this interest, so this is strictly a cash-purchase opportunity. Ground rent is modest at £120 per year and council tax is low.
Set in a mid-20th-century brick block with straightforward communal access, the apartment sits in an area described as comfortable suburbia with very low crime and fast broadband. There is no flood risk and local schools and amenities are within easy reach. Buyers should factor in refurbishment costs and the potential need to extend the lease if planning to mortgage-resell in future.
For an investor or experienced DIY purchaser this flat presents a clear value play: cosmetic and systems work can materially increase appeal and rental yield, while the garage and dual balconies are useful extras rarely found at this price point. For buyers needing mortgage finance or wanting a move-in-ready home, note the lease length and renovation requirements.
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